Wells Fargo & Company (NYSE: WFC) announced today that its stockholders elected as directors the 14 nominees named in the company’s proxy statement and ratified the appointment of KPMG LLP as the company’s independent auditors for 2013. Stockholders also approved the 2012 compensation of the company’s executives named in its proxy statement, and the amendment and restatement of the company’s long-term incentive compensation plan.

Stockholders did not approve the two stockholder proposals presented at the meeting: a proposal requiring the chairman of the board to be an independent director and a proposal requesting an investigation and report on internal controls over the company’s mortgage servicing and foreclosure practices. A stockholder proposal requesting a report on the company’s lobbying policies and practices was withdrawn by the proponents prior to, and was not presented at the meeting.

About Wells FargoWells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (wellsfargo.com), and has offices in more than 35 countries to support the bank’s customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 26 on Fortune’s 2012 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.